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Comment for Proposed Rule 75 FR 3281

  • From: Stephen Johnson
    Organization(s):

    Comment No: 6044
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06044
    From:
    Sent:
    To:
    Subject:
    ~ ~
    Friday, March 5, 2010 2:21 AM
    secretary
    Regulation of retail forex
    Dear CFTC Officer,
    I am writing to give my opinion of the proposal to limit the leverage of retail forex trading to 10: 1. This will actually
    benefit the rich and kill any potential opportunities for people with limited investment budget. It has no benefits at
    all. Anyway, I am strongly against this proposal and I hope my opinion, as one of the huge amount of 'poor' traders,
    will not be neglected by CFTC, though it is a significant regulator. Thank you.
    Kind regards,
    Stephen Johnson
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